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India Needs N-Energy To Overcome Power Shortage: Finance Minister

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India should make more efforts to tap nuclear energy to overcome the shortage of power and ensure economic growth, as conventional sources of energy are limited, reports PTI, quoting Finance Minister Pranab Mukherjee.

Releasing commemorative coins to mark the birth centenary of nuclear pioneering scientist Homi Bhabha at New Delhi on Tuesday, he said that the country should consider tapping nuclear and non-conventional sources of energy.

The minister reiterated that nuclear power programme with a long-term vision was a must as quality power was required for growth. He cautioned that conventional sources of energy were not enough to meet the target.

He also noted that coal resources were running out, while hydel power potential was limited with the increasing environmental concerns. In contrast, nuclear energy was clean and self-alternating compared to fossil fuel, he added.

(Market News Provided by RTTNews)

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